Business News
Oil extends losses as OPEC and Russia look to raise output
LONDON (Reuters) – Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no signs of slowing.
Year: 2018
Business News
China’s Anbang says investor selection work under way
BEIJING (Reuters) – China’s Anbang Insurance Group [ANBANG.UL] said on Monday that the selection process for a strategic shareholder has begun, reiterating that it has ample cashflow and is operating normally after its state-backed bailout.
Business News
China rejects U.S. charge of ‘forced technology transfer’ at WTO
GENEVA (Reuters) – China told the World Trade Organization’s dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless.
Trading Ideas
Malaysia says it will axe high-speed railway to Singapore
KUALA LUMPUR, Malaysia (AP) — New Malaysian Prime Minister Mahathir Mohamad said Monday that a planned high-speed railway that would cut travel time between Kuala Lumpur and Singapore to just 90 minutes will be axed because it isn’t beneficial. …read more […]
Business News
Indian traders’ group files objection to Walmart-Flipkart deal
MUMBAI (Reuters) – The Confederation of All India Traders (CAIT) has filed an objection to Walmart Inc’s $16 billion merger with e-commerce company Flipkart with the country’s competition watchdog, it said on Monday.
Business News
Civil rights advisers hope Starbucks’ anti-bias training sets example
LOS ANGELES (Reuters) – Black leaders who are advising Starbucks Corp on its anti-bias training program, which begins Tuesday, hope it will reinvigorate decades-old efforts to ensure minorities get equal treatment in restaurants and stores, setting an example for other corporations.
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9 Legal Ways to Use Your Retirement Savings Early
If you qualify for one of these exceptions, you could tap your IRA, 401(k), or other retirement accounts early. …read more […]
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India says it only follows U.N. sanctions, not unilateral U.S. sanctions on Iran
India only abides by sanctions imposed by the United Nations and not those imposed by any other country, such as ones announced by the United States against Iran, India’s foreign minister said on Monday. U.S. President Donald Trump this month withdrew the United States from the Iran nuclear deal and ordered the reimposition of U.S. sanctions against Iran that were suspended under the 2015 accord. “India follows only U.N. sanctions, and not unilateral sanctions by any country,” she said at a news conference when asked about India’s response to the U.S. decision. …read more […]
Business News
Germany grills Daimler boss over extent of Vito van emissions fix
BERLIN/FRANKFURT (Reuters) – Germany’s Transport Ministry grilled Daimler Chief Executive Dieter Zetsche on Monday over how many Mercedes-Benz vans and cars need to be fixed to meet emissions rules.
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Pandora unveils a $15-a-month unlimited family plan
The streaming business is a tough game, especially if your company isn’t …read more […]
Business News
Italian concerns knock stocks, euro off early highs
LONDON (Reuters) – European stocks gave up early gains and bond yields recovered from lows as early elections loomed in Italy after the anti-establishment 5-Star and League parties abandoned plans to form a government.
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What the Average American Gets From Social Security
Find out how some types of benefits pay more than others. …read more […]
Business News
Oil sinks further as OPEC and Russia look to raise output
LONDON (Reuters) – Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no signs of slowing.
Business News
U.S. record oil exports bite into Russia, OPEC market share in Asia
SINGAPORE (Reuters) – Record crude oil volumes exported from the United States will be heading to Asia in the next couple of months to take another piece of the market away from Russia and producers in the Organization of the Petroleum Exporting Countries (OPEC).
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$1M Retirement Savings Now a Reality for More Americans Than Ever
The secret to becoming a millionaire? Get rich slowly. …read more […]